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Renoir Place, Gunton

East of England

£450,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1407 sqft

Description

Situated on a spacious corner plot in the Gunton area of Lowestoft, this detached property offers considerable renovation potential. With access to both Gunton Woods and the coastline for outdoor activities, the location is ideal for families who appreciate nature. Inside, the home features a well-defined layout that includes a sitting and dining area connecting to a garden room, providing ample natural light and views of the private garden. A dedicated study adds versatility for work or leisure activities. The first floor hosts four bedrooms equipped with built-in storage, complemented by a family shower room. The outdoor space is designed for low maintenance, featuring a patio area and artificial lawn, alongside storage sheds. The driveway and garage enhance parking options, while also presenting an opportunity to convert the garage into extra living space or an annex (subject to planning permission). This property presents an excellent opportunity for investors or homeowners looking to create their ideal family residence through thoughtful renovation. Located on a quiet residential street, everyday conveniences such as local shops and schools are within close reach, while larger supermarkets are just a short drive away. Public transport connections are straightforward, ensuring easy access to Lowestoft’s amenities and beyond. With its generous living spaces and adaptable layout, this home invites creativity in renovation, making it well-suited for those wishing to customize their living environment in this desirable region of Lowestoft.

Investment Analysis

(NR32 area)

Above Market Value

This property is priced +31.8% above area average per sq ft

+31.8%
This Property
£320/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£375,472
10% above area average per sq ft
Potential ROI
-23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on NR32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Renoir Place, Gunton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE